Egypt's state-owned statistics agency, CAPMAS says that annual inflation for the country hit its slowest rate since March 2013. The statistics body recorded 7.9% in August compared to 8.38% in July. Yasser Hakim looks at what the impact has been on Egypti

Despite the steep decline in crude oil prices around the world, Uganda is keen to assure investors that its oil and gas sector is still open for business and attractive. The government is looking at the oil sector in the long term and investments are need

Nigeria's inflation rate accelerated to a three-year high in December, increasing by 9.6 percent on an annualized basis, compared with 9.4 percent in November. The country's statistics office said food prices rose in Africa's biggest economy and oil produ

A dip in global commodity prices has subjected many African economies to economic slowdown. African states must now implement smart spending schemes to cope with the situation. Here is part of a converation with Nkosozana Dlamini-Zuma.

Revenue in Zimbabwe's mining sector dipped 7 percent in 2015 on the back of depressed global commodity prices and reduced output of major minerals. Zimbabwe's mining has been stuttering due to a shortage of capital, intermittent power supplies and fears o

The Democratic Republic of Congo's government is proposing slashing its 2016 budget by 22%. This is because of low global commodity prices that have led to suspension of some mining activities and closure of some businesses. Congo is Africa's leading copp

Stakeholders in its tourism sector have been encouraged to streamline their operations in response to a drop in revenue in the once-booming industry. Some suggestions are, upgrading payment systems and reducing prices for domestic tour packages.

The Egyptian government is planning to raise electricity prices. It's part of a 5-year plan to reduce energy subsidies, which consume nearly 20-percent of state expenditure. Meanwhile, the low international oil price has eased the burden on the state budg

As residents of South Sudan's capital Juba slowly begin to return to their homes, they are forced to contend with hunger amid high inflation escalated by the recent fight. [Retailers say prices have doubled since the clashes began last week. CCTV's Patric

Food prices have risen by an average 11 percent in the past year. The increase is largely a result of prolonged drought conditions and it's likely to get worse. The South African Reserve Bank expects food inflation to peak at around 12-point-6 percent by

Residents of the DRC capital Kinshasa say they're struggling to cope with inflation, as a weakening Congolese franc has led to higher prices of food and other basic commodities. Analysts say the Congolese franc has lost more than 6 per cent of its value a

Officials in Uganda say the amount of wheat being imported into the country has more than doubled since 2010...Those working in the industry say the growing demand - and the fact nearly all of Uganda's wheat comes from abroad - could see an increase in pr

Nigeria's central bank governor, Godwin Emefiele has been criticized for his handling of the country's foreign exchange policy. Despite adopting a flexible exchange rate policy in June this year, the naira has continued to slide against major currencies l

The price of maize in Nigeria has gone up by nearly 60 percent in the last year. Coupled with already high inflation, experts warn of a food security threat in Africa's most populous country. Sophia Adengo reports from Abuja

Six years after the 2011 unrest in Tunisia, the purchasing power of millions of people has decreased. Food prices have skyrocketed causing widespread anger on the streets. The government has reacted, waging a national campaign to control food prices by ta